Monday, May 02, 2016

China's Manuacturing Grew More Slowly Than Expected

China's manufacturing activity was weaker than expected in April, according to a survey by an industry group.

The China Federation of Logistics and Purchasing says its purchasing managers' index declined to 50.1 in April from the previous month's 50.2 on a 100-point scale. Numbers above 50 indicate activity is expanding.